LONDON--(EON: Enhanced Online News)--Ripjar announced today that it has secured an additional £3.75 million
GBP ($4.5m USD) in capital in order to bring its world class data
analytics platform to more customers across the globe. Just eight months
after announcing its first institutional funding, Ripjar has ambitious
plans to further accelerate its pace of growth. Since receiving its
initial investment from Winton Ventures, the team has more than doubled
in size in both its Cheltenham and London offices.

“We have been impressed
by the quality and depth of the Ripjar team, and feel they have a
product to really compete with the incumbents. Their Strategic
Intelligence platform addresses a growing demand among compliance and
information security practitioners to extract meaning from very large
and diverse data sets.”

Ripjar was founded in 2012 by engineers and data scientists from the UK
Government Communications Headquarters (GCHQ) in Cheltenham. Ripjar’s
next-generation Strategic Intelligence Platform (“Ripjar SI”) fuses deep
learning technology, advanced analytics and global data collection to
tackle some of the most difficult analytic problems for real-time threat
intelligence, anti-money laundering and insider threat. The diversity of
problems, scalability and usability of Ripjar technology in the
enterprise sector uniquely sets a path for growth.

Tom Griffin, Ripjar CEO, said: “Thanks to the continued
investment and support from Winton Ventures, Ripjar will be able to grow
globally in 2017, where we will be investing in our vision to create the
next generation of threat intelligence for the enterprise. Priorities
will include expanding Ripjar’s global partner network and sales team,
as well as creating a number of problem-centric applications that will
build upon the foundations of Ripjar’s core platform.”

The changing threat landscape seen across both the security and
compliance functions in the financial sector and the continuing struggle
of competitive solutions that are unable to provide focused all-source
threat intelligence provides Ripjar with an ideal opportunity for
significant growth in 2017.

Anthony Daniell, Winton’s Vice Chairman, has agreed to become Ripjar’s
Chairman. Anthony said “I am delighted to accept this
appointment. I believe my extensive experience in the financial world
will enable me to make a significant contribution to Ripjar. In the
month or so since my appointment, it is already clear from multiple
meetings with clients that Ripjar has world leading products.” Anthony
Daniell started his career in the British Army before joining UBS and,
in 2003 joined Winton.

Nick Saunders, Winton’s COO, commented: “We have been impressed
by the quality and depth of the Ripjar team, and feel they have a
product to really compete with the incumbents. Their Strategic
Intelligence platform addresses a growing demand among compliance and
information security practitioners to extract meaning from very large
and diverse data sets.”

About Winton: Winton is a British-based global investment
management company. Founded in 1997, Winton believes that the scientific
method offers the best approach to investing. Investment decisions are
driven by statistical inference based on the empirical analysis of data,
rather than instinct or intuition. By finding patterns in large volumes
of data, Winton’s researchers build intelligent investment systems which
evolve over time. Today, Winton advises on over $30billion of assets for
many of the world’s largest pension funds, sovereign wealth funds, banks
and fund platforms. The firm employs more than 450 people in offices
around the globe including: London, Oxford, Hong Kong, New York,
Shanghai, Sydney, San Francisco, Tokyo and Zurich.

About Ripjar: Ripjar was founded by a team of talented engineers
from the UK Government who have been successfully discovering actionable
insights in complex data for many years. They have used these skills to
create an unrivalled data intelligence platform for analysing,
interacting and visualising data in real-time.